Untether, GM partner to develop AI perception systems for autonomous vehicles
Thursday, Apr. 28, 2022, 02:42 PM
Auto Remarketing Staff
Untether AI, which describes itself as “the leader in at-memory computation for artificial intelligence inference acceleration,” has teamed up with General Motors to develop AI perception systems for autonomous vehicles. Emphasizing that perception systems are integral to autonomous vehicles, Untether ... [Read More]
CBB launches ‘Best Residual Value Awards’
Tuesday, Apr. 19, 2022, 02:30 PM
Auto Remarketing Canada Staff
Canadian Black Book has debuted a new awards program. In addition to its existing “Best Retained Value Awards” for automakers, CBB is launching the “Best Residual Value Awards.” The latter spotlights vehicles expected to hold the greatest value of MSRP ... [Read More]
KAR names new TradeRev president
Tuesday, Apr. 19, 2022, 02:09 PM
Auto Remarketing Canada Staff
TradeRev has a new president, parent company KAR Global said Tuesday. Taking on the role is co-founder James Tani, who will also remain in his position as executive vice president of KAR’s Canadian dealer sales team. Tani succeeds TradeRev co-founder ... [Read More]
2022 Women & Automotive Profiles in Leadership honorees
Monday, Apr. 11, 2022, 08:12 PM
Auto Remarketing Canada Staff
Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s leading women in automotive each year through its Women & Automotive: Profiles in Leadership program. And we're excited ... [Read More]
CPO penetration rate hits record high at Mercedes-Benz Canada
Thursday, Apr. 7, 2022, 03:02 PM
Joe Overby, Senior Editor
Certified pre-owned vehicle sales at Mercedes-Benz Canada reached their highest-ever quarterly share of the company’s overall used-car sales, the automaker said Thursday. The company’s pre-owned division moved 3,492 used cars in the first quarter, a 9.2% year-over-year decrease. Mercedes said ... [Read More]
KBB Instant Cash Offer debuts in Canada
Tuesday, Apr. 5, 2022, 03:16 PM
Auto Remarketing Canada Staff
Kelley Blue Book Instant Cash Offer has launched in Canada, Cox Automotive Canada said in a news release Monday. The tool helps Canadian dealers acquire inventory directly from consumers, which can be crucial considering the tight vehicle supply. Consumers can ... [Read More]
Axis names new board member
Thursday, Mar. 31, 2022, 05:03 PM
Auto Remarketing Canada Staff
Axis Auto Finance has a new board member. The Canadian fintech company said Thursday it has named JM Holdings Corp. founder and chief executive officer Jim Nikopoulos to the board. Nikopoulos will replace Gerry Thom, who has retired from the position. ... [Read More]
Axis names new board member
Thursday, Mar. 31, 2022, 05:03 PM
Auto Remarketing Editor Joe Overby
Axis Auto Finance has a new board member. The Canadian fintech company said Thursday it has named JM Holdings Corp. founder and chief executive officer Jim Nikopoulos to the board. Nikopoulos will replace Gerry Thom, who has retired from the position. ... [Read More]
PODCAST: Inovatec Systems CEO and founder Vladimir Kovacevic
Tuesday, Mar. 22, 2022, 02:18 PM
Auto Remarketing Canada Staff
While recorded earlier this month in Las Vegas during the Vehicle Finance Conference (an event hosted by the American Financial Services Association), this episode of the Auto Remarketing Podcast is focused on the Canadian market. Senior editor Nick Zulovich connected ... [Read More]
Dealer & automaker associations team up to end vehicle emissions
Tuesday, Mar. 15, 2022, 03:03 PM
Auto Remarketing Canada Staff
Three respective associations representing Canada’s new-car dealers, Big 3 automakers and international automakers are banding together to end vehicle emissions by 2035. Last week, the Canadian Automobile Dealers Association, the Canadian Vehicle Manufacturers' Association and Global Automakers of Canada announced ... [Read More]